PHOENIX, June 16 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) announced today that it is developing emerging Micro-Grid technology to increase efficiency and reduce fossil fuel consumption in remote U.S. Army locations.
"Honeywell's Micro-Grid technology system will be the first to bring modern-day technology currently used in developed cities, including solar power, to isolated Army locations," said Bob Smith, chief technology officer at Honeywell Aerospace. "Based on projections, the Army could realize fuel savings of up to 60 percent because of this system."
The U.S. Army Tank Automotive Research Development Engineering Center (TARDEC) awarded Honeywell the cost-plus fixed fee $4.6 million contract for delivery, testing and demonstration of the Micro-Grid at Wheeler Air Base, Hawaii, for 18 months of performance with 12 months of operation and evaluation, beginning in September 2010.
Utilizing this system will enable the Army to decrease the number or size – and in some cases, both – of generators needed. The Micro-Grid can also interface and control legacy generators. Additionally, it will provide electrical energy autonomy in remote locations and improve power availability.
The mobility of the Micro-Grid will help improve warfighter safety in remote locations because of reduced fuel consumption, which decreases the number of convoys needed.
The Micro-Grid also minimizes power outages. The system enables load prioritization so if an overload occurs, rather than the entire generator shutting down, a lower priority load will be temporarily removed until adequate power is available.
Advanced energy storage will build further capability to use renewable energy sources. Micro-grids, renewable energy and plug-in electric vehicles offer a unique solution to address both energy security and fossil fuel consumption reduction goals.
Based in Phoenix, Arizona, Honeywell's aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations.
Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.